R&D and Productivity: The International Connection
24 Pages Posted: 13 Jul 2000 Last revised: 6 Oct 2010
Date Written: July 1997
Countries differ greatly in R&D spending, and these differences are particularly striking when comparing developed with developing countries. The paper examines the extent to which the benefits of R&D are concentrated in the investing countries. It is argued that significant benefits spill over to other countries in the world. The argument is supported by quantitative estimates of such cross-country effects.
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